In gold option trading, investors can choose corresponding option contracts according to their own judgments and expectations, including call options and put options. The price of gold options is mainly affected by the target gold price, the remaining period of options, the exercise price of options, volatility and interest rates. Investors need to carefully understand the trading rules and risks of gold options and operate cautiously to avoid losses caused by market fluctuations.
The trading unit of the gold option contract is 1 gold futures contract, and the trading unit of the first gold futures contract is 1000g.
From Baidu: Option Sauce
Buy open gold options
Because you only need to pay a premium to buy open-end gold options, you don't need a deposit. The premium formula for buying open-ended gold options is: latest price * 1000.
Sell open gold options
As a seller of gold options, it is to get royalties. When the option buyer exercises its rights, it is obliged to buy or sell gold futures at the exercise price. The formula for calculating the royalties obtained by selling open-end gold options is:
The latest quotation *1000;
Selling open-end gold options requires a certain margin, and the calculation formula of the margin is the greater of the following two:
(1) Settlement price of option contract * trading unit of underlying futures contract+trading margin of underlying futures contract-imaginary value of option contract *0.5 (imaginary value of flat option contract and real option contract is 0)
(2) Settlement price of option contract * trading unit of the underlying futures contract+trading margin of the underlying futures contract *0.5.